China boosts military budget by 7%, aims to carry out 'major defence-related projects'

China boosts military budget by 7%, aims to carry out 'major defence-related projects'
China announced a 7% defense budget increase for 2026, reaching $276.8 billion to bolster military capabilities and assert claims over Taiwan and the South China Sea. This move, part of a steady modernization of the PLA, aims to counter US influence and ensure diplomatic independence, though it raises regional concerns.